Oil and gas creates nearly 22,000 jobs and brings $8.6 billion to Atlantic Canada

Canada’s oil and natural gas sector has a positive impact on many aspects of the Canadian economy, not only in Alberta and Saskatchewan where the industry is a relatively large proportion of the economy, but across the country. Canada’s oil and gas sector benefits the economies of all the provinces, including those of Ontario, Quebec, British Columbia, and Atlantic Canada, not only when the sector is healthy, but also in “slump” years, such as 2018, when oil and gas prices were relatively depressed.

The impact of the oil and gas sector on GDP, jobs, output, and exports on provinces outside Western Canada and on key economic sectors in those provinces is not well-known, but highly relevant to current discussions about the role of oil and gas in Canada’s future.

See the whole article at CanadianEnergyCentre.ca.